Aar Shyam India Investment Company Limited held its Annual General Meeting on September 21, 2026. The meeting concluded with shareholders approving key strategic resolutions, including the acquisition of SVR Electro Projects Private Limited. All proposed resolutions were passed with 100% votes in favour.

The AGM was conducted through video conferencing from the company’s registered office in New Delhi. Perla Pavani, Managing Director, chaired the proceedings. The quorum was present, and remote e-voting facilities were provided to members as per regulatory requirements. The scrutinizer’s report confirmed that all ordinary and special businesses contained in the Notice of AGM were passed with the requisite majority.

Key Resolutions Approved

Shareholders passed several ordinary and special resolutions during the meeting. The most significant operational decision was the approval for the preferential issue of equity shares on a share swap basis to acquire SVR Electro Projects Private Limited. This resolution received unanimous support from the voting members.

Other major approvals included:

• Increasing the limits of borrowing by the Board of Directors under Section 180(1)(C) of the Companies Act, 2013.
• Seeking approval under Section 180(1)(A) for the creation of mortgage or charge on company assets.
• Increasing limits for making investments, extending loans, and providing guarantees to persons or bodies corporate.
• Issuing equity shares on a preferential basis to non-promoters for consideration in cash.

Corporate Governance Changes

The meeting also addressed changes in the board composition and corporate structure. Shareholders approved the appointment of Perla Pavani as Managing Director and Pooja Manish Pandey as a Non-Executive Independent Director. Both appointments were ratified with full shareholder consent.

Additionally, the company sought approval to alter the object clause of its Memorandum of Association (MoA) and adopt a new set of Articles of Association (AoA) conforming to the Companies Act, 2013. The registered office jurisdiction will shift from the Registrar of Companies, National Capital Territory of Delhi-II to Delhi-I. A resolution to change the name and other clauses of the MoA and AoA was also approved.

Financial Statements Adoption

Members received, considered, and adopted the Audited Standalone Financial Statements for the financial year ended March 31, 2026. This included the balance sheet, statement of profit and loss, and cash flow statement, along with the reports of the Board of Directors and Auditors.

The statutory auditor appointment process was also completed, filling casual vacancies and appointing auditors for the ensuing term.

Voting Results Summary

The following table summarizes the voting outcomes for key special resolutions:

The total number of shares voted across all resolutions stood at 2,238,362, representing 100% of the shares polled. Promoters and promoter group held 1,216,068 shares, while public non-institutional shareholders held 1,022,294 shares. No votes were cast against any resolution.

Detailed Voting Participation

The scrutinizer’s report detailed the participation metrics for the meeting. A total of 209 shareholders were on the record date. Of these, 8 public shareholders attended the meeting via video conferencing. No promoters or promoter group members attended in person or through proxy, though their shares were voted via e-voting.

The voting breakdown by shareholder category is as follows:

The data indicates that while promoters voted 100% of their holding, public non-institutional shareholders voted approximately 57.31% of their holding. The remaining shares held by the public category did not participate in the e-voting process.

Aar Shyam India Investment Company Limited has accepted the resignation of Ankit Mehra as Executive Director, effective July 30, 2026. The company disclosed the leadership change to BSE Limited on the same day, citing personal reasons for the departure. This exit marks a shift in the company’s senior management structure, with the Board of Directors scheduled to formally record the resignation at its ensuing meeting.

The disclosure was made pursuant to Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. The filing also referenced SEBI Master Circular HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026, and SEBI Master Circular No. SEBI/HO/CFD/PoD2/CIR/P/0155 dated November 11, 2024, which govern the disclosure requirements for changes in key managerial personnel.

Mehra, identified by DIN 07669838, submitted his resignation letter dated July 30, 2026, stating that there were no other material reasons for his exit beyond personal considerations. He confirmed that his tenure would conclude at the closing hours of that date.

The resignation was communicated by Perla Pavani, an Executive Director of the company (DIN: 11013729), who signed the intimation to the exchange. Pavani’s role in communicating the change underscores the internal coordination required to manage such transitions in compliance with regulatory timelines.

In his resignation letter addressed to the Board of Directors at the company’s registered office in New Delhi, Mehra expressed gratitude for the support extended by the management and colleagues during his tenure. He requested the completion of all necessary statutory filings and compliances related to his departure.

What the Numbers Show

While the resignation itself does not involve financial metrics, the timing and nature of the disclosure reflect standard corporate governance practices. The immediate effective date suggests a planned transition rather than a sudden departure, minimizing potential operational disruption. Investors should monitor subsequent filings for any appointment of a successor or further changes to the board composition.